Every year the French city of Cannes attracts supercars from all over Europe and the Middle East.

This time a camouflage wrapped Ferrari 599 GTB cheers up the famous Croisette boulevard in the mondaine seaside town.

According to the dictionary, camouflaging something means to cover or paint it in order to make it blend in with its surroundings…

A Cartier jewelry store in Cannes, France, was robbed Monday morning by three armed men who fled with a haul estimated at up to 15 million euros.

A man with a deep suntan and wearing a flowery shirt walked into the Cartier store in Cannes and threatened staff with a gun.

Two accomplices wearing crash helmets then entered the store, which is near the Carlton hotel popular with Hollywood stars during the Cannes film festival.

Ferretti Yachts will introduce at the Festival de la Plaisance of Cannes 2009 the new Ferretti 560, which represents the “yachts (r)evolution” conceived to experience a new feeling of life on board.

Through this new model the shipyard aims to consolidate and continue the evolution process of flying bridge range under 63 feet.

This renewal in the last two years involved the launch of new yachts that became “icons” of innovation in design, like Ferretti 470, Ferretti 510 and Ferretti 592.

Swiss watchmaker Jaeger-LeCoultre inaugurated its third boutique in France with the opening of its Cannes location last week. This is also the 28th Jaeger-LeCoultre location worldwide.

The collections are presented within an interior design with a display concept reflecting the Art Deco spirit and playing on symmetry, geometry and pure lines.

Subtly graded shades of ochre are associated with authentic materials such as leather, American walnut wood, steel and slate.

Austrian director Michael Haneke won the Palme d’Or (Golden Palm) for best picture at the Cannes film festival on Sunday for “The White Ribbon,” his eerie exploration of the roots of Nazi terror.

Since 1954, the award has been annually given to the Director of the best film presented at the festival.

The Palme d’or 2009 has been created by Chopard and it reminds of the coat of arms of the city of Cannes.

Luxury yachts and boats are moored in the port of Cannes. The 62nd Cannes Film Festival runs from May 13-24. Reuters